Peder Nicolas Paus (; born 22 November 1945) is a

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

banker and investor in the

petroleum industry The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The larges ...

. He is a co-founder and former chairman of the international oil and gas exploration company

Questerre Energy Corporation Questerre Energy Corporation (QEC) is an international energy exploration company headquartered in Calgary, Canada, and listed on the Toronto Stock Exchange and the Oslo Stock Exchange. It holds the largest acreage position in the Utica Shale in ...

Background

He is a member of the

Paus family The Paus family () is a Norwegian family that first appeared as members of the elite of 16th-century Oslo and that for centuries belonged to Norway's "aristocracy of officials" as priests of the state church, judges and other higher government of ...

from Oslo and is a son of the steel industrialist and lawyer

Per Paus Per Christian Cornelius Paus (born 28 April 1910 in Oslo, died 15 December 1986) was a Norwegian steel industrialist and lawyer. Background He was a member of the patrician Paus family and was a son of the steel industrialist Christopher Blom Paus ...

and Countess Hedevig

Wedel-Jarlsberg The Count of Wedel-Jarlsberg (also ''Wedel Jarlsberg'') is a title of the Norwegian nobility and of the Danish nobility. The family of Wedel-Jarlsberg is a branch of the larger family von Wedel, which comes from Pomerania, Germany. Family members ...

, and is a grandson of Lord Chamberlain Peder Anker Wedel-Jarlsberg, Count of Wedel-Jarlsberg. He is the brother-in-law of

Cecilie Paus Cecilie Paus (born 1943), née Wilhelmsen, is a Norwegian businesswoman in the shipping industry, who lives in London. She has been one of the four main owners of the shipping company Wilh. Wilhelmsen since 1978 together with her three siblings.

, one of the main owners of

Wilh. Wilhelmsen Wilh. Wilhelmsen Holding ASA (WWH) is a Norwegian multinational maritime industry, maritime group, headquartered in Lysaker, Norway. The group employs more than 21,000 people and has operations in 75 nations. The Wilhelmsen group operates the la ...

since 1978. He is married to the businesswoman Nine Olrich Paus, formerly the

Marchioness A marquess (; french: marquis ), es, marqués, pt, marquês. is a nobleman of high hereditary rank in various European peerages and in those of some of their former colonies. The German language equivalent is Markgraf (margrave). A woman w ...

de Olaso (a title in the Spanish and

Papal nobility The papal nobility are the aristocracy of the Holy See, composed of persons holding titles bestowed by the Pope. From the Middle Ages into the nineteenth century, the papacy held direct temporal power in the Papal States, and many titles of papal ...

) by her first marriage to a Spanish-French nobleman. Peder Paus obtained a Master of Business Administration degree at the University of California, Berkeley in 1971.

Career

He has held key positions in the bank

Manufacturers Hanover Trust Manufacturers Hanover Corporation was the bank holding company formed as parent of Manufacturers Hanover Trust Company, a large New York bank formed by a merger in 1961. After 1969, Manufacturers Hanover Trust became a subsidiary of Manufac ...

in London and New York. From 1981 to 1995, he was CEO of the shipping company North Ltd Venture in London. He has also been a consultant for the

British Ministry of Defence The Ministry of Defence (MOD or MoD) is the department responsible for implementing the defence policy set by His Majesty's Government, and is the headquarters of the British Armed Forces. The MOD states that its principal objectives are to ...

and the British Export Credits Guarantee Department.Questerre: ''Directors''
March 21, 2010 Paus co-founded

, an oil and gas exploration company listed on

Toronto Stock Exchange The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in t ...

and

Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...

, and has been the company's chairman and largest shareholder.Financial Times: ''Questerre Energy Corp QEC:TOR
/ref> He became a member of the board of directors in 2000 and was chairman from 2006 to 2015.

References

1945 births Living people University of California, Berkeley alumni Norwegian businesspeople in the oil industry Norwegian bankers

Peder Peter is a common masculine given name. It is derived directly from Greek , ''Petros'' (an invented, masculine form of Greek ''petra,'' the word for "rock" or "stone"), which itself was a translation of Aramaic ''Kefa'' ("stone, rock"), the new na ...

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